158#1h (RBC) RBC Adjust Financial Aid. HB1301 - Committee Approved

State Budget

2012 Special Session I

Budget Amendments - HB1301 (Committee Approved)

Bill Order » Item 158 #1h

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RBC Adjust Financial Aid

Item 158 #1h

Item 158 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Richard Bland College	FY2013 ($36,390)	FY2014 ($36,390)	GF

Language
Page 133, line 35, strike "$418,126" and insert "$381,736".
Page 133, line 35, strike "$418,126" and insert "$381,736".
Page 133, strike lines 39 through 41.

Explanation
(This amendment redirects a proposed increase in financial aid to support increased operating funds contained in the House Appropriations Committee higher education package in order to moderate in-state undergraduate increases for all Virginia students.)

Item 158

Item 158	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$418,126	$418,126
Scholarships (10810)	FY2013 $418,126	FY2014 $418,126
Fund Sources:
General	FY2013 $418,126	FY2014 $418,126

Authority: Title 23, Chapter 5, Code of Virginia.

Out of this appropriation, $36,390 the first year and $36,390 the second year from the general fund is provided for undergraduate financial assistance consistent with the objectives of the Higher Education Opportunity Act of 2011.